U.S. and European Market Roundup
· The DJIA down 32.12 points to 9,337.95 points.
· U.S stocks fell on Monday, but were off their session lows, as investors booked profits following a four-week rally that took the broad S&P 500 index to a 10-month high on Friday.
· European shares fell on Monday after hitting their highest close in more than nine months on Friday, as miner Rio Tinto came under pressure in the China spy case and Volkswagen led the auto sector lower.
Macro and Corporate New
· Bandar Raya Developments (BDRB) said second quarter net profit almost tripled to RM40.6 mln, mainly helped by better property sales and the recovery of its manufacturing business.
· Maybank has opened its fifth branch in Cambodia, as it seeks a greater share of the country's growing economy.
· Ahmad Zaki Resources, a construction group, has won a RM225.1 mln contract from the Public Works Department to build the campus for University Darul Iman in Besut, Terengganu.
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